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For which of the following clients would a recommendation to implement a GRAT as part of their estate plan be appropriate, assuming each client has

For which of the following clients would a recommendation to implement a GRAT as part of their estate plan be appropriate, assuming each client has a goal of reducing federal estate tax and the term of the GRAT would be 5 years? I. Agnes, age 75, is in excellent health. She has an asset valued at $10 million, which is expected to appreciate very rapidly over the next several years. She wants to retain a fixed income stream from the asset for the term of the trust and then have the asset pass to her younger sister, Grace. II. Dennis, age 60, has had severe health issues recently and has been informed that he will likely die within the next 18 months. He has an asset valued at $10 mllion, which is expected to appreciate very rapidly over the next several years. Dennis wants to retain a fixed income stream from the asset for the term of the trust and then have the asset pass to his son, Ed. Question 10 options: A) I only B) II only C) Both I and II D) Neither I nor

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